CBBs Monthly Issue of Treasury Bills Oversubscribe

Manama, Bahrain – 28 March 2018 - Central Bank of Bahrain (CBB) announces that the BD 35 million monthly issue of Government Treasury Bills has been oversubscribed by 111%.  

 

The bills, carrying a maturity of 182 days, are issued by the CBB, on behalf of the Kingdom of Bahrain.

 

The issue date of the bills is 1st April 2018 and the maturity date is 30th September 2018.

 

The weighted average rate of interest is 3.61%, compared to 3.39% for the previous issue on 4th March 2018.

 

The approximate average price for the issue was 98.207%, with the lowest accepted price being 98.155%. 

 

This is issue No. 1697 (ISIN BH000D8O76I1) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.135 billion.



published on: 28 Mar 18